Biden signs controversial bills
President Biden signed a pair of controversial bills into law Wednesday. The first was a $95 billion foreign aid package supporting Ukraine, Israel and Taiwan. The second bill was a potential ban on TikTok.
President Biden signed a pair of controversial bills into law Wednesday. The first was a $95 billion foreign aid package supporting Ukraine, Israel and Taiwan. The second bill was a potential ban on TikTok.
The bill that will force a sale or ban of TikTok in the United States is now law.
A bill that could ban TikTok is now all but certain to become law. The Senate approved a measure that requires ByteDance to sell TikTok or face a ban.
The Senate passed a bill, included with the foreign aid package, that will ban TikTok if its owner, ByteDance, doesn't sell it within a year. Senators passed the bill 79-18 Tuesday after the House passed it with overwhelming majority over the weekend. President Joe Biden will have to sign the bill to make it law.
President Biden has signed a bill that would ban TikTok if its Chinese parent company, ByteDance, fails to sell it within a year. The bill, which includes aid for Ukraine and Israel, was passed by the U.S. Senate in a 79-18 vote late Tuesday after the House passed it with overwhelming majority over the weekend. The bill gives ByteDance nine months to divest TikTok, with a 90-day extension available to complete a deal.
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President Joe Biden signed a bill on Wednesday that could ban TikTok — for real this time. “I think two years ago, this would have been devastating,” Karat Financial co-founder and co-CEO Eric Wei told TechCrunch.
TikTok's fate in the U.S. looks uncertain after President Joe Biden signed a bill that included a deadline for ByteDance, TikTok's parent company, to divest itself of TikTok within nine months or face a ban on distributing it in the U.S. Ivan writes about how the impact of TikTok bans in other countries could signal what’s to come stateside. California drones grounded: In more Amazon news, the tech giant confirmed that it's ending Prime Air drone delivery operations in Lockeford, California.
As part of its Q1 2024 earning release, Snap revealed that total watch time on its TikTok competitor, Spotlight, increased more than 125% year-over-year. The company is touting the success of its short-from video feed a day after President Biden signed a bill that would ban TikTok if its Chinese parent company, ByteDance, fails to sell it within a year. Snap says overall time spent watching content globally grew year-over-year, driven primarily by increases in total time spent watching Spotlight and creator Stories.
As a TikTok ban gets closer to becoming a reality in the United States, it might be time to start thinking about other platforms to adopt early in case you need to fill the void left by the popular app, especially as recent reports have suggested that ByteDance would prefer to shut down TikTok rather than sell it. On April 24, President Biden signed a bill that would ban TikTok if its Chinese parent company, ByteDance, fails to sell the app within a year, bringing the possibility of a TikTok ban closer than ever before. If the company is unable to fight the legislation and its legal efforts fail, reports indicate that a sale of TikTok with its algoritms would be highly unlikely because the app's algorithms are core to ByteDance’s overall operations.
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